Crown Castle has appointed Steven J. Moskowitz as president and CEO.
Effective from today (April 11), Moskowitz will head the US tower company and also joins the company's board.
It brings an end to Crown Castle's search for a successor to former CEO Jay Brown, who announced his departure in December. Anthony Melone acted as interim CEO from January 16, 2024.
Moskovitz boasts significant experience in the telecommunications towers sector and has previously worked for American Tower Corporation, where he spent more than 12 years, seven of which as EVP and president.
More recently, he was CEO of Centennial Towers Holding LP, where he created a provider of build-to-suit cell sites in Brazil, Colombia, and Mexico.
“I have long admired Crown Castle’s quality portfolio of communications infrastructure, and I’m pleased to join as CEO during such a pivotal time in its history,” said Moskowitz.
“I believe the opportunities are significant for Crown Castle, and I look forward to working alongside the board and leadership team to continue to strengthen the company’s operations and unlock value for shareholders.”
"Steven's breadth and depth of experience in domestic and international towers and small cell solutions is unique in the industry, and we know that he will provide valuable insights as we continue our progress on the strategic and operating review of the company's enterprise fiber and small cell business, and tower growth opportunities," added Robert Bartolo, chair of the Crown Castle board of directors.
"We are confident that under Steven’s leadership, Crown Castle is well positioned to execute on its strategic initiatives and drive enhanced value for our shareholders."
Moskovitz joins the towerco at a time when Crown Castle has been in a back-and-forth public spat with co-founder Ted Miller.
Miller has been critical of the company's strategy and wants to invalidate the cooperation agreement between Crown Castle’s board of directors and Elliott Investment Management.
Miller, who co-founded Crown Castle in 1994, launched a proxy fight against the company while outlining his vision to change the firm's strategy.
Crown Castle has previously slammed Miller, calling him "self-serving" after Miller filed a lawsuit against the company's board and Elliott Investment Management.
The company operates more than 40,000 towers, 120,000 small cells on air or under contract to go on air; and around 85,000 route miles of fiber.